BP Boosts The Bullish Case For OilOilPrice.comBP is buying back shares the company issued to cover its dividend payout amid the oil price crash. The news was widely seen as a clear indication that one of the world’s supermajors has successfully adjusted to the new price normal and is now settling …

The Era Of Oil And Gas Is Nearing Its EndOilPrice.com… of operation and maintenance, and the invention of the conveyor belt, which made it possible to mass-produce the internal combustion engine at a price which was affordable to the masses. Not much later, crude oil became the transportation fuel of …

US Oil Exports Hit A Record HighOilPrice.comCrude oil exports from the United States hit another record last week, at 2.133 million bpd, as production also continued growing, the Energy Information Administration said. This is the first time U.S. oil exports have breached the 2-million-bpd level.

Russia Aims To Dominate Middle East EnergyOilPrice.comI’ve been writing a lot lately about Russian energy firms expanding worldwide. With Rosneft having been particularly active — striking critical deals in spots like India and Egypt the last few months. And this week Rosneft and fellow Russian energy …

New Speakers Confirmed For Digital Oilfield Event at Minute Maid ParkBusiness Wire (press release)Scheduled for November 13-14 at Union Station of Minute Maid Ballpark – home baseball field for the Houston Astros – “The Digital Oilfield” will highlight three topics: deployed digital technologies; next-generation disruptive technologies and new …

The Oil Boom’s Roots in East Texas Cotton FarmingTexas MonthlyThe East Texas oil boom provides one of the best case studies for understanding the industry’s connection to other aspects of Texas and United States history. For one, the East Texas Oil Field remains the largest ever in the continental United States, …

New US Sanctions Threaten Russian Oil ProjectsOilPrice.comThe punitive measures – designed to be a political reaction to Russia’s annexation of Crimea in 2014 – will have a limited effect on Moscow’s current operations abroad, experts said. A new provision in a preexisting sanction levied by the U.S …

The Oil Company That Lost $800 Billion In Shareholder ValueOilPrice.comThe markets hardly had time to recover before the oil price crash of 2014 hit, which has since wiped out a lot of profits and market capitalizations of all oil and gas companies around the world. Apart from those international market events, PetroChina …

Canadian Oil Drilling To Grow In 2018: Petroleum AssociationOilPrice.comAlberta will account for the biggest chunk of the drilling increase, which will be the highest since 2014 and the oil price collapse. Still, the number of new wells expected to be drilled in 2018 is about a third lower than the number of new wells …

Tensions Rise As Iraq Halts Kirkuk Oil ExportsOilPrice.comSince the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October, reports of disruptions in oil flows have been a daily occurrence, but now, according to an official at the Kirkuk provincial council, Iraq’s oil ministry has …

Trump’s China Trip To Reap Billions In Energy DealsOilPrice.comRelated: Oil Prices Fly Higher On EIA Report. Back in early 2016, ArcLight Capital Partners and Freepoint Commodities bought the idled storage terminals, refining units, and marine infrastructure located at Limetree Bay, St. Croix, from HOVENSA. The St.

Arctic refuge oil bonanza more likely to be bust for GOP budgetSanta Fe New MexicanData from previous Arctic oil lease sales suggest the U.S. is likely to collect less than a fifth of that billion-dollar goal over the next decade— about $145.5 million — from auctioning off territory in the sprawling northeast Alaska refuge where …